Is cashless the future for hospitality spending?

We have been working hard at pointOne HQ to bring you a white paper on the ‘case for cashless’ as we believe that this area represents the most significant opportunity in the future of hospitality payments.

We know that millennials are driving this growth with their high disposable income and intrinsic reliance on the Internet be it on-line or on-screen through their smart phones.

Cashless operation via contactless or smart phone payment methods such as Apple Pay and Android Pay are now the preferred method of payment for low value transactions.

To accommodate these changes many operators in this sector are now altering the way they manage their business by introducing new methods of customer service, including self-service and cashless kiosks.

Our white paper describes both the opportunities and impact of these new technologies and provides an overview on the solutions available and how they might assist a hospitality operation maximise its business revenues.

We also look at how a real-life case study, healthy-eating London chain Tossed, has implemented and benefited from this new self-service technology.